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3 years ago

The increase in international trade in the united states is partly due to

1 answer:

3 0

The United States' increase in international trade is partly due to different factors. Some of these factors are the improvements in transportation, which we know give access to the deliveries of the different trade products and travelling to the area of origin is already easy. The advancement in telecommunications also provides an increase in trade since relaying information is faster than before, this means different instructions and specifications and even gathering orders from far places can be easily sent and received. And another one is the increasing trade of goods with a higher value per pound. High value gives more profit and income tot he trade industry.

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Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al

garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share = $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase = $20,305

Cost to sell = $215(brokerage fee)

3 0

3 years ago

"The time horizon to be used when constructing a portfolio to pay for college expenses for a person who is expected to start col

Karolina [17]

Answer:

15 years

Explanation:

If you are constructing a portfolio to cover the education expenses of your child and you expect that he/she graduates from college in 15 years, then the time horizon of your portfolio should be 15 years since it should cover all the expenses until your child graduates. If you start a little earlier and expect your child to graduate in 20 years, the time horizon will be 20 years, or if you start a little later and expect your child to graduate in 10 year, then the time horizon is 10 years.

7 0

2 years ago

You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p

Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

Given that

The total number of employees to manage is 84

and w assume that the no of employees on the sales floor after having division be x

also the given condition is that there should be minimum of 2 employees for every 5 employees that worked on the sales floor

So that means

x ÷84 = 5 ÷ (5 + 2)

after solving this x = 60

So the no of employees on register is

= 84 - 60

= 24

7 0

2 years ago

JK Company can sell all of the plush and supreme products it can produce, but it has limited production capacity. It can produce

shepuryov [24]

Answer:

$3,418,800

Explanation:

Contribution margin per hour:

Plush: 4 units per hour x $231 = $924

Supreme: 2 units per hour x $317 = $634

Since contribution margin per hour from Plush is higher than Supreme, we select Plush as the most profitable sales. Hence,

Total contribution = 3,700 hours available x $924 = $3,418,800

Hope this helps!

8 0

2 years ago

Read 2 more answers

You are given the following information for Sookie's Cookies Co.: sales = $51,200; costs = $39,600; addition to retained earning

ipn [44]

Answer:

The depreciation expense for the company is $4615.

Explanation:

profit before depreciation and tax = (sales - cost) - interest expense

= ($51,200 - $39,600) - $1,560

= $10040

Addition to retained earnings = $2,320

dividends paid = $935

tax rate = 40 percent.

Addition to retained earnings = [(Profit before depreciation and tax - depreciation expense ) * (1- Tax)] - dividend paid

$2320 = [($10040 - depreciation expense)* (1 - 0.40)] - 935

$3255 = ($10040 - depreciation expense)* 0.60

$5425 = $10040 - depreciation expense

Depreciation expense = 10040 - 5425

= $4615

Therefore, The depreciation expense for the company is $4615.

5 0

2 years ago